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Inhaltsangabe
This text examines 150 years' worth of efforts at constructing arrangements and rules for international monetary interaction, and arguing that present day national authorities do not seem to have come much closer to achieving the aim of enduring exchange rate stability combined with good macroeconomic performance. This contributors to this volume offer an insight into the working of the key experiences, including 19th-century bimetallism, the "classical" gold standard, Bretton Woods ans the European Monetary System.
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Reseña del editor
After a century and a half of efforts at constructing arrangements and rules for international monetary interaction, present-day national authorities do not seem to have come much closer to achieving the aim of enduring exchange rate stability combined with a good macroeconomic performance. A distinguished group of economists and economic historians offers new insights into the working of the most important of such experiences, including nineteenth century bimetallism, the 'classical' gold standard, Bretton Woods and the European Monetary System.
Reseña del editor
This text examines 150 years' worth of efforts at constructing arrangements and rules for international monetary interaction, and arguing that present day national authorities do not seem to have come much closer to achieving the aim of enduring exchange rate stability combined with good macroeconomic performance. This contributors to this volume offer an insight into the working of the key experiences, including 19th-century bimetallism, the "classical" gold standard, Bretton Woods ans the European Monetary System.
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International Monetary Systems
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